Global Regents Review Part 5

The creation of the European Union (EU) and of the North American Free Trade Agreement (NAFTA) was intended to

• benefit member nations through the reduction of tariffs

• implement sustainable energy policies

• institute a system of impartial courts

• establish stronger regional military alliances

The main reason oil-producing states formed the Organization of Petroleum Exporting Countries (OPEC) was to

• promote foreign ownership of oil fields

• lift economic sanctions and establish free trade

• improve trade relations with the West

• influence the price of oil and set production levels

The economic trend represented in this chart is most likely an effect of the creation of the

• Organization of American States (OAS)

• North Atlantic Treaty Organization (NATO)

• North American Free Trade Agreement (NAFTA)

• Organization of Petroleum Exporting Countries (OPEC)

Which statement is a fact rather than an opinion?

• The growing economy of Brazil threatens the economic power of the United States

• Free trade will lower the standard of living for workers in developed nations

• The European Union (EU) has issued a common currency called the euro

• Developing nations will never be able to compete with developed nations

What does this cartoon suggest about the introduction of the euro in Europe?

• Additional countries were created

• Isolation among nations increased

• Communist economic policies were adopted

• Economic barriers between nations decreased

Which concept led to the formation of the North American Free Trade Agreement (NAFTA) and the European Union (EU)?

• nationalism

• interdependence

• imperialism

• socialism

Since the 1970s, the wealth of many Middle Eastern nations was increased by the

• formation of the Palestinian Liberation Organization (PLO)

• expansion of Islamic fundamentalism

• creation of the Organization of Petroleum Exporting Countries

• development of communes in Isreal

Which global issue is addressed in this cartoon?

• human rights

• ethnic strife

• environmental pollution

• Cold War tensions

An analysis of the Chinese student demonstration in Tienanmen Square in 1989 would show that

• communist governments continue to have little control over the actions of their citizens

• totalitarian governments frequently survive the use of force

• peaceful demonstrations often succeed in achieving democratic reforms

• negative global reaction sometimes leads to economic decline

What was a major reason for the Communist victory in the Chinese civil war (1949)?

• The Nationalists had been supported by the Japanese

• Many Chinese warlords supported the Communists

• The Communists had superior military equipment

• The Communists promised land to the peasants